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Thoma Bravo to take QAD private for US$2 billion

By Akanksha Rana and Krystal Hu

Jun 29 2021 12:33PM

Latest go-private deal by the software investor.

Thoma Bravo to take QAD private for US$2 billion

Private equity firm Thoma Bravo will buy enterprise software maker QAD for about US$2 billion (A$2.65 billion), the latest go-private deal by the software investor. QAD shareholders will get US$87.50 per share in cash, a premium of about 20 percent to the company's last close. The ...

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